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Where is the profit in this trade? If the call was deep in the money there was then no time premium in it to collect. If C went up the call which was deep would move against your stock... thats a push. C went down the call moved with the stock down thats a push. Bottom line covered call...

Code since you’re a retail customer you always get the NBBO and those markets are 50 up. Therefore if you wanted to hit the bid or take out the offer you’d get a guaranteed fill on the NBBO. Options on the DOW stocks are generally very tight and a lot more than just 50 up too since they’re...

Interesting post and links. I don’t have a definitive option on its relevance as I generally don’t believe there is much correlation in looking at segregated month over previous years month in the implied. None the less an interesting take on Dec. Thanks On the other hand this place...

100 is not what i would call a large order. ON the other hand the NBBO should be good for 50 lots so why not start there?

Simple delta calculations will tell you how many futures you need to achieve the delta you wish, no big deal. The premium is yours once you sell the strangle. You’ll lose money in the hedges so there is no way for you to conclude that he’d have a “good gain”

The bottom line is you’re just talking about selling some premium which has a net result of negative gamma and then you’re choosing to hedge the negative gamma with the underlying. Its no different then all the other short premium strategies. The problem is the negative gamma. What are...

Maybe he's trolling for personal data to hack accounts or steal identities

Well said. The anonymity of the internet is the big difference. People here run their mouth and ego because they can hide behind their computer.

Come on man use your head. All there is a finite number of stikes if you can list if you use only the letters in the alphabet to code the month then strike. The underlying has moved so much since DEC got listed they have more then those 2 root symbols you listed

Try getting a short stock sale off

In one way risky is right. There is NO risk in what he does since everything he posts is after the fact and he only touts his winners and does not rehash all the losers. Pretty funny how when he was a bear yet the market was still making highs he would take quick profits for 5 ot 10 points on...

Are you under the impression that he just sends a bid to the market and hopes someone hits it? On an order of that size it’s been shopped all over the street back and forth already and if there was a lot of interest in selling those they'd cross them. Everyone knows the bids are there so he's...

Funny stuff from the guy RFT who suggested taking profits throughout this thread and his others after about 5 points his way

My only point was that the volume info that gets tossed around on this board is of no real value since no one here knows much about the trade other then the print.

You dont know what they did vs. the put sale either, doubt it was one firm on the side which did not initiate the trade.

You dont know what they did vs the puts so you dont know the net trade

options doggy is funny stuff. The guys there dont really know whats going on with the volume they report, many times they report big volume as buyer or sellers and they're wrong. They dont know whose on what side nor do they know who is opening or closing its pretty useless stuff. Volume in...

The market makers dont get the fee for order cancels.

Where are all the PPT people who used to scream about how the PPT would step in and buy futures to support the markets?

The swap is priced into all the FX options both listed and OTC so the deeps wont help you.